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+--- Thread: The current Bank of America, prime rate is 8.50% (rate effective as of July 27, 2023) (/Thread-The-current-Bank-of-America-prime-rate-is-8-50-rate-effective-as-of-July-27-2023)
The current Bank of America, prime rate is 8.50% (rate effective as of July 27, 2023) - theold - 30-09-2023
The 10 Most Recent Prime Rate Changes
Effective Date Prime Rate
7/26/23 8.50%
5/4/23 8.25%
3/23/23 8.00%
2/2/23 7.75%
12/15/22 7.50%
11/3/22 7.00%
9/22/22 6.25%
7/28/22 5.50%
6/16/22 4.75%
5/5/22 4.00%
https://newsroom.bankofamerica.com/content/newsroom/home/prime-rate-information.html
RE: The current Bank of America, prime rate is 8.50% (rate effective as of July 27, 2023) - theold - 30-09-2023
The prime rate is the interest rate banks charge their best customers for loans.
https://www.forbes.com/advisor/investing/prime-rate/